According to the agency, the world expects "the deepest recession in peacetime since the 1930s."

It is noted that this is due to the fact that, due to the threat of the coronavirus, the authorities ordered the enterprises to stop working, and people are self-isolating.

It is also indicated that, according to forecasts, the recession will not be long, but the economies will need time to recover.

Earlier, the World Trade Organization estimated the magnitude of the decline in world trade in 2020 due to coronavirus infection COVID-19.